151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the united states goes over the proverbial fiscal cliff. and that's why president obama has an advantage, because he's willing -- he says, this is what he and his advisers say, he's willing to send the nation off of the fiscal cliff, letting all income tax rates to jump, spending cuts to take hold, investment income rates to jump. he's willing to do that. he thinks republicans would get the political blame. republicans, on the other hand, note that listen, the president's going to have to have another term where he's dealing with what's likely to be a deep recession as a r
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the...
93
93
Dec 4, 2012
12/12
by
CNBC
tv
eye 93
favorite 0
quote 1
president obama and john boehner making comments on the issue a short time ago and according to our deal meter, there it is, still only a quarter of the way there. we have got all sides of this story covered. john harwood live at the white house. eamon javers on capitol hill and the president's comments. >> the president gave an interview to our colleagues at bloomberg and said a couple of things. first of all, his priorities now trying to break republicans in their resistance to raising the top rate by some amount, a stance republicans have been consistent on. more revenue, question, not higher rates, he is insisting on that as the price of negotiating with him. and he said the reason for that is if you take all of what can be raised in revenue from deductions that is politically realistic, not trying to take away the mortgage deduction in the face of tremendous resistance from consumers and the housing industry, you can only raise about 300 to $400 billion, but i think that is a promising indication from the president because then if you take, brian, $400 billion in deductions eliminat
president obama and john boehner making comments on the issue a short time ago and according to our deal meter, there it is, still only a quarter of the way there. we have got all sides of this story covered. john harwood live at the white house. eamon javers on capitol hill and the president's comments. >> the president gave an interview to our colleagues at bloomberg and said a couple of things. first of all, his priorities now trying to break republicans in their resistance to raising...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
i think john boehner legitimately wants to get to an agreement. i've talked to the speaker and i believe he wants to get to an agreement because he understands to not have an agreement after this election is over and now is the time for an agreement, the further we go into the next session, the harder it will get. now is the time for an agreement. i think john boehner wants to get there and i want to help him try to do that. >> thank you, steny, we appreciate your time. >> thank you, becky. >>> right after this, adp, stick around. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 a
i think john boehner legitimately wants to get to an agreement. i've talked to the speaker and i believe he wants to get to an agreement because he understands to not have an agreement after this election is over and now is the time for an agreement, the further we go into the next session, the harder it will get. now is the time for an agreement. i think john boehner wants to get there and i want to help him try to do that. >> thank you, steny, we appreciate your time. >> thank...
177
177
Dec 7, 2012
12/12
by
CNBC
tv
eye 177
favorite 0
quote 0
. >>> also, later on, did you hear john boehner today? >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal cliff will actually help america. he's going to make his case, very bold statement there, to someone whose company will be decimated by the spending cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the hea
. >>> also, later on, did you hear john boehner today? >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal...
175
175
Dec 7, 2012
12/12
by
CNBC
tv
eye 175
favorite 0
quote 0
. >>> budget talks have resumed between the staff of john boehner and the white house. "wall street journal" says this creates a ne crea breaks a near week long silence as the fiscal cliff looms. they promise to renew the negotiations. and are you earning $250,000, worried about having to pay more tax? you may be able to earn up to $300,000 and not have to hand over more cash to the irs. head to cnbc.com for more. and victor hugo's classic thofl about life, love and hitting the big screen. carolyn went to speak to the stars of the film to find out why the classic story still resonates. ♪ >> i think human truths are human truths and there's also a certain cycle to the world. >> just a look at the world and humanity, and we'll always be moved by a passion for fighting for what we believe in, we've always been moved by love. >> the power of redemption are all themes that transcend time. >> les mis has been performed 10,000 times and seen by 16 people worldwide. and now it's a major motion picture featuring hugh jackman and anne hathaway. so what does it take to transform
. >>> budget talks have resumed between the staff of john boehner and the white house. "wall street journal" says this creates a ne crea breaks a near week long silence as the fiscal cliff looms. they promise to renew the negotiations. and are you earning $250,000, worried about having to pay more tax? you may be able to earn up to $300,000 and not have to hand over more cash to the irs. head to cnbc.com for more. and victor hugo's classic thofl about life, love and hitting...
231
231
Dec 7, 2012
12/12
by
CNBC
tv
eye 231
favorite 0
quote 0
john boehner didn't lose the presidency, my friend. and don't forget that. and by the way, conservatives did not win the presidency and conservatives did not win the senate. it was a lousy year. and you have to deal with that. and let me add one thing. i am a flat tax supply sider and i worked for ronald reagan. reagan compromised. he compromised in 1982 over a lousy deal which he regretted. he compromised in 1983 over a very good social security fix. and then he compromised again in 1986 over a very good tax reform fix. >> right. >> so if you blame -- >> i agree if the other side wanted to compromise, i would say we should. >> you've got to learn how to work a little bit here. >> what does obama want that's not in the fiscal cliff -- he wants what's in the fiscal cliff. it's defense cuts and tax hikes. we're compromising with someone who doesn't want to compromise. he likes that stuff. i know he doesn't want to raise taxes on the middle class. but we have to give up everything in this deal. we should articulate our principles or give him what he wants. we'r
john boehner didn't lose the presidency, my friend. and don't forget that. and by the way, conservatives did not win the presidency and conservatives did not win the senate. it was a lousy year. and you have to deal with that. and let me add one thing. i am a flat tax supply sider and i worked for ronald reagan. reagan compromised. he compromised in 1982 over a lousy deal which he regretted. he compromised in 1983 over a very good social security fix. and then he compromised again in 1986 over...
52
52
Dec 3, 2012
12/12
by
CNBC
tv
eye 52
favorite 0
quote 0
want his name on john boehner's proposal. the approach does not represent the simpson-bowles plan. i took the mid point of the public offers to demonstrate where i thought a deal could be reached at that time and says times have changed since then and it is up to negotiators to find out where the mid point is today. it is no longer operative apparently. >>> getting back to potential cliffedend. you saw a big bet on microsoft today. >> great news for dell and should be good news for microsoft. we saw somebody buy 3,000 of the jan 28 calls. means the break even is about 28.31. they think the stock will get back to the 29 to 33 range where it has been. >> it is time to visit jane for the look of what is up next. >> guys, they estimate $1 billion worth of goods move through every day but right now we have a whole lot of nothing going on. they are negotiating in a building over there they don't want us to show you. we will have the latest after the break. [ male announcer ] the markets keep moving. make sure the news keeps coming
want his name on john boehner's proposal. the approach does not represent the simpson-bowles plan. i took the mid point of the public offers to demonstrate where i thought a deal could be reached at that time and says times have changed since then and it is up to negotiators to find out where the mid point is today. it is no longer operative apparently. >>> getting back to potential cliffedend. you saw a big bet on microsoft today. >> great news for dell and should be good news...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
coming up house speaker john boehner getting ready to address the fiscal cliff yet again. and yesterday as you might recall when he spoke the markets did move. stay tuned. ahead on halftime, from a luxury retailer to a dollar store we're trading the biggest movers midday and gaming the fiscal cliff. which companies are doelg out new dividends now? which are next? we'll be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connect
coming up house speaker john boehner getting ready to address the fiscal cliff yet again. and yesterday as you might recall when he spoke the markets did move. stay tuned. ahead on halftime, from a luxury retailer to a dollar store we're trading the biggest movers midday and gaming the fiscal cliff. which companies are doelg out new dividends now? which are next? we'll be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great...
168
168
Dec 3, 2012
12/12
by
CNBC
tv
eye 168
favorite 0
quote 0
speaker of the house john boehner also got into the conversation saying, mr. president, the budget will never balance without economic growth. how does raising tax rates on 1 million small businesses create jobs and grow the economy? let's see if the president responds to that one. he still has it. back over to you. >> that feels a little bit like a side show. >> tax cuts on one group help but tax cuts over here won't help and $80 billion a year will suddenly save medicare. >>> america doubling down on secret agents. u.s. sending out nearly 2,000 new spies. next we'll tell you their prime targets -- hint -- and the price tag for you, the taxpayer, will be paid for by tax hikes on the rich. >>> the cnbc real-time exchange market snapshot is sponsored by -- i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you won't just find us online, you'll also find us in pers
speaker of the house john boehner also got into the conversation saying, mr. president, the budget will never balance without economic growth. how does raising tax rates on 1 million small businesses create jobs and grow the economy? let's see if the president responds to that one. he still has it. back over to you. >> that feels a little bit like a side show. >> tax cuts on one group help but tax cuts over here won't help and $80 billion a year will suddenly save medicare....
325
325
Dec 6, 2012
12/12
by
CNBC
tv
eye 325
favorite 0
quote 1
. >> john boehner and president obama speaking by phone, but no announcement of any upcoming face to face budget talks. earlier the president told the business round table that a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. and in an interview on cnbc, timothy geithner says the gop is making a little bit of practice, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> our obligation is first do no harl. we need to lift that threat over the economy. and now as part of that, we'd like to put in place as i said a carefully designed mix of reforms to put our fiscal balance in the path of sustainability. as long as there is recognition by the other side that those rates will go up, we think we can reach an agreement on the set of reforms as i said that will be good for the economy. >> republicans were quick to hit back. orrin hatch called them stunning and irresponsible, but there may be more cracks in the ranks. "washington post" reports some moderate an
. >> john boehner and president obama speaking by phone, but no announcement of any upcoming face to face budget talks. earlier the president told the business round table that a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. and in an interview on cnbc, timothy geithner says the gop is making a little bit of practice, but the white house is absolutely ready to go over the cliff if tax rates on the top 2%...
134
134
Dec 4, 2012
12/12
by
CNBC
tv
eye 134
favorite 0
quote 0
john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo director and elsewhere. the argument is being made that capping deductions whatever 25,000, 50,000, is that where the itemized deductions are, it's the upper end people who will pay for that, and that produces revenues without damaging the economic incentives, the economic growth effect of tax rate incentives. now i want to ask you, objectively, is it possible that it will affect the upper end income people without affecting the tax rate. >> you can get there. the president's budget has $600 billion raised that way. what's frustrating about this is the republicans could have gone back with a specifie
john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo...
223
223
Dec 3, 2012
12/12
by
CNBC
tv
eye 223
favorite 0
quote 0
house speaker john boehner standing firm against higher taxes. sgr we' >> we've put a serious offer on the table by putting revenues up there. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because of a small group of republicans won't extend tax rates for 2% of americans. there's no reason why that should happen. >> democratic strategy from bgr joining us. we'll always get a standoff at some point in these negotiations. is it a terminal standoff? when does somebody blink? >> it's not a matter of who will blink or not. i think that the republicans are trying to go tit for tat with the president. you have to realize that the president has the bully pulpit and the ability to command media. so the republicans feel the need to respond to every maneuver. i think frankly that the president's put a detailed plan on the table. republicans need to respond to that detailed plan and then they need to get in the weeds. i'm still optimistic that we'll get something do
house speaker john boehner standing firm against higher taxes. sgr we' >> we've put a serious offer on the table by putting revenues up there. but the white house has responded with virtually nothing. >> why does it make sense for the country to force tax increases on all americans because of a small group of republicans won't extend tax rates for 2% of americans. there's no reason why that should happen. >> democratic strategy from bgr joining us. we'll always get a standoff...
148
148
Dec 5, 2012
12/12
by
CNBC
tv
eye 148
favorite 0
quote 0
speaking of wasting, speaker of the house john boehner came out earlier today to say he's waiting, too, on a response from the white house to his proposal. take a listen. >> we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on and it's exactly how we approached our discussions in the biden group, my discussions at the white house a year-and-a-half ago, and, for that matter, in the joint select committee. >> one interesting note here is how much businesses and ceos have become the political football here. i'm told that yesterday congressman kevin mccarthy, the republican majority whip, was on a conference call with ceos and he urged them to get involved and tell the white house in all their frequent communications with the white house that they need to tell the white house to start talking to house republicans. so ceos in the business community right in the middle of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those c
speaking of wasting, speaker of the house john boehner came out earlier today to say he's waiting, too, on a response from the white house to his proposal. take a listen. >> we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on and it's exactly how we approached our discussions in the biden group, my discussions at the white house a year-and-a-half ago, and, for that matter, in the joint...
210
210
Dec 6, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 0
but first up, speaker john boehner issued a warning for house republican today. the leadership is watching how they vote. this episode of conservatives will remove from key committee posts today and today we learned that house leaders were using an apparent secret list of criteria for who stays and who goes. here with the scoop, cnbc contributor from national review online, robert costa. what's up with this? i want to just add, senator jim demint coming out forcefully against speaker boehner's plan, and house member jim jordan also coming out against the plan. is the gop splintering? is there a civil war? >> larry, i'm here on capitol hill and what a raucous day today was for conservatives. you never really hear about it, but there's a group on capitol hill called the republican steering committee. they're a private group of lawmakers that decide committee spots and they announced that four lawmakers, popular conservatives from the class of 2010 and beyond would lose their coveted committee spots in places like the financial service committee and the agriculture
but first up, speaker john boehner issued a warning for house republican today. the leadership is watching how they vote. this episode of conservatives will remove from key committee posts today and today we learned that house leaders were using an apparent secret list of criteria for who stays and who goes. here with the scoop, cnbc contributor from national review online, robert costa. what's up with this? i want to just add, senator jim demint coming out forcefully against speaker boehner's...
324
324
Dec 3, 2012
12/12
by
CNBC
tv
eye 324
favorite 0
quote 1
and i feel bad for john boehner. he's in a difficult situation. i did want to remind john that he should look at the young, newer members that are so difficult to persuade to make an easy deal compromise. and remember, it wasn't too many years ago, john, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our liberty and of sound economic policy within the context of the majority senate that frankly just think it's good for the country for the government to be bigger. the government is counterproductive to the performance of the rest of the world. >> thank you for coming on. >> i would respectfully suggest that the government is grown too big, promised too much and waited to long to restruct
and i feel bad for john boehner. he's in a difficult situation. i did want to remind john that he should look at the young, newer members that are so difficult to persuade to make an easy deal compromise. and remember, it wasn't too many years ago, john, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word...
153
153
Nov 29, 2012
11/12
by
CNBC
tv
eye 153
favorite 0
quote 0
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
99
99
Nov 29, 2012
11/12
by
CNBC
tv
eye 99
favorite 0
quote 0
is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sue, on a lighter note, it looks like there are negotiations going on up here. i just saw a plate of lunch being brought in to the room where we believe that secretary geithner is sitting right now. we're also seeing some of the aides go in and out of that room as well. so clearly deals are being crafted here.
is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events....
221
221
Nov 29, 2012
11/12
by
CNBC
tv
eye 221
favorite 0
quote 0
simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other side of the atlantic. we talk about europe all the time. you know the dynamics within that. looking forward, goldman sachs is actually suggesting you will make more money in european equities next year than you will in american equities. they believe that the dow jones stock's 50 will climb higher to 3,000. that's a 16% gain on that market. on the broader market next year in europe, goldman sachs thinks you will make 18%. its projection here for the s&p is for a gain of only 11% or 12%. it may be that you'll make more money according to goldman sachs next year
simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other...
36
36
Nov 29, 2012
11/12
by
CNBC
tv
eye 36
favorite 0
quote 0
if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast majority of democrats support it. more than 40% of the republicans support this proposal. the republicans need to show us that they can help lead this country. senator durbin? >> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats ha
if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast...
155
155
Dec 4, 2012
12/12
by
CNBC
tv
eye 155
favorite 0
quote 0
john boehner will pull the switch in a hospital of holiday inn duesed n induced nonpartisa. >> that's the look ahead today. we've had a few technical problems with getting our licks up to north america which is why we've had a number of guests stacking up, but i'm assured we're working on them. we will talk about the ski season, as well. before that, let's remind you what the headlines are today. fiscal cliff talks set to drag ons as budget proposal by republicans dismissed by the white house. banking union talks taking central stage in brussels. finance ministers trying to find a deal. and australia central bank has cut interest rates to its lowest level since the financial crisis. how? cdw and hp networking implemented a virtual application network that reduces the time to deploy cloud applications from months to minutes. with fewer bottlenecks like this. finally. charles! client golf. aim for the lake. really? can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express
john boehner will pull the switch in a hospital of holiday inn duesed n induced nonpartisa. >> that's the look ahead today. we've had a few technical problems with getting our licks up to north america which is why we've had a number of guests stacking up, but i'm assured we're working on them. we will talk about the ski season, as well. before that, let's remind you what the headlines are today. fiscal cliff talks set to drag ons as budget proposal by republicans dismissed by the white...
98
98
Dec 7, 2012
12/12
by
CNBC
tv
eye 98
favorite 0
quote 1
john boehner today saying there is no progress on the fiscal cliff and that is slamming cnbc's own deal-o-meter. we are in the red, folks. eamon javers, when boehner comes out and says it is not a fr progress report because we have no progress, that's not a good thing. >> no news is bad news in the case of washington. we're watching this fiscal cliff thing so carefully. let me play the sound bite so you can see the dour expression on speaker boehner's face as he talked to reporters early this afternoon. >> this isn't a progress because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> so we all also from nancy pelosi, the democratic leader in the house of representatives earlier today. she came before cameras also, no news from her had as well. holding pattern here in washington. rhetoric is pretty heated on both sides. you heard boehner there saying the president has wasted a week here. but behind the scenes, aides did give us some indication they'll continue to talk through the wee
john boehner today saying there is no progress on the fiscal cliff and that is slamming cnbc's own deal-o-meter. we are in the red, folks. eamon javers, when boehner comes out and says it is not a fr progress report because we have no progress, that's not a good thing. >> no news is bad news in the case of washington. we're watching this fiscal cliff thing so carefully. let me play the sound bite so you can see the dour expression on speaker boehner's face as he talked to reporters early...
50
50
Dec 4, 2012
12/12
by
CNBC
tv
eye 50
favorite 0
quote 0
boehner is the lack of specificity. tony and i argued this a lot. he makes a great point. do we have to argue about rates versus base? is we can talk about base. and at this point republicans have done the same thing mitt romney was doing. $800 billion in new revenues from unspecified chose urs. the time for that is past. i'm glad they're coming with a counteroffer. they have to put specifics on the table. >> tony, under any circumstances, as you sit here right now, are republicans going to agree to let tax rates increa increase? >> look, i find that almost impossible for republicans to do, at least before december 31. i think everyone understands that it is the single thing that the president wants more than anything else. you can sack rifice just about anything to get the top two rates. so i don't see republicans getting on that issue. i think what you are seeing, and i do give credit to speaker boehner for rising above, bring in the proposal yesterday and getting the full republican leadership onboard, talking about
boehner is the lack of specificity. tony and i argued this a lot. he makes a great point. do we have to argue about rates versus base? is we can talk about base. and at this point republicans have done the same thing mitt romney was doing. $800 billion in new revenues from unspecified chose urs. the time for that is past. i'm glad they're coming with a counteroffer. they have to put specifics on the table. >> tony, under any circumstances, as you sit here right now, are republicans going...
170
170
Dec 5, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the point
also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on...
142
142
Dec 5, 2012
12/12
by
CNBC
tv
eye 142
favorite 0
quote 0
. >> the republicans spoke just a minute ago, john boehner saying his fellow republicans do in fact, as we watch the president work the room ahead of his remarks, they do back his opposition to raising rates outright. this chatter that the coalition is fraying, how complicating is that? the question is whether it frays enough to caught a fundamental shift in strategy. i think at the end of the dahl the republicans will give on higher rates. the question is when? does 2 happen before december 31st? in which case republicans and conservatives would argue republicans are agreeing to a tax increase. does it happen after january 1st when rates will have already risen? and if they cut them to 37% top rate, then republicans could say, hey, we just cut taxes. that's really the question. the president has made an argument that it is not practical to get all the money he wants from merely closing loopholes and deductions. he's said different things in the past. he's acknowledged significant amounts of money can be raised through closing loopholes. can you get it done quickly? by the end of the
. >> the republicans spoke just a minute ago, john boehner saying his fellow republicans do in fact, as we watch the president work the room ahead of his remarks, they do back his opposition to raising rates outright. this chatter that the coalition is fraying, how complicating is that? the question is whether it frays enough to caught a fundamental shift in strategy. i think at the end of the dahl the republicans will give on higher rates. the question is when? does 2 happen before...
47
47
Nov 29, 2012
11/12
by
CNBC
tv
eye 47
favorite 0
quote 0
you saw john boehner come out very almost angry about the fact that he says that democrats haven't given him any of those specific cuts. i think they might sit pat until they see some of these cuts coming in. the republicans feel very much, hey, we've already talked about putting revenue on the table. that's our ante in. let's see your ante in. they're waiting. the danger is the negotiation gets to a world war i trench style. they are trying to preserve a little bit of flexibility here, even as there's all this rhetoric we saw bouncing the market around all day today. >> if we haven't reached that trench warfare yet, i can't wait to see what it will be like at this point. >> clearly, there are negotiations going on. the fact that the journal has this paper is evidence that stuff is being traded. now, whether those negotiations are close to finalization is a different question. i saw rob neighbors, who is the white house's liaison to capitol hill, shuttling back and forth between harry reid's office and mitch mcconnell's office. the white house guy going back and forth between the two lea
you saw john boehner come out very almost angry about the fact that he says that democrats haven't given him any of those specific cuts. i think they might sit pat until they see some of these cuts coming in. the republicans feel very much, hey, we've already talked about putting revenue on the table. that's our ante in. let's see your ante in. they're waiting. the danger is the negotiation gets to a world war i trench style. they are trying to preserve a little bit of flexibility here, even as...
267
267
Nov 30, 2012
11/12
by
CNBC
tv
eye 267
favorite 0
quote 0
stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmas time. >> according to congressional republican aides, they say they have obtained a copy of the white house's proffer here. at least $50 billion in new spending. >> do you have faith in any of them to rise above? >> would it be okay to go over? >> we will rise above. >> morgan stanley wealth management's chief investment strategist up next with his list of winners and losers. plus, how you can make money in these shaky markets as the year winds down. >>> later, as lawsuits pile up and hewlett-packard stock suffers, carly fiorina will join me for her first interview since the autonomy disaster came to light. wait until you hear who she says deserves the blame. >>> also, social security and medicare in focus. is this
stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmas time. >> according to congressional republican aides, they say they have obtained a copy of the...
137
137
Dec 6, 2012
12/12
by
CNBC
tv
eye 137
favorite 0
quote 0
we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not leaking the contents of that call. that's a sign that there is some negotiation going on. something is happening behind the scenes but we just don't know what it is right now. back to you. >> eamon javers, thank you very much. >>> what can be done to break the stalemate in washington? representative jack kingston is a republican from georgia, member of the house appropriations committee. welcome, congressman. good to have you with us. >> thank you, tyler. >> we had the images yesterday of congress leaving for a long weekend. i have to say that it struck an awful lot of us as very poor sort of pr, very bad optics, if you want to use that term. you're still there in washington. why? and what do you think about the fact that congress went home? >> well, i'm actually doing some committee work but i will say this, that this debate is both inside and outside of the
we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not leaking the contents of that call. that's a sign that there is some negotiation going on. something is happening behind the scenes but we just don't know what it is right now. back to you. >> eamon javers, thank you very much. >>> what can be done to...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
. >> reporter: now just minutes after that, speaker of the house, john boehner, the republican leader here on the house side of the capitol, took to the podium as sort of a downbeat speaker boehner saying that we are at an impasse here in washington in these negotiations. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you've watched me over the last three weeks, i've been very guarded in what i have to say because i don't want to make it harder for me or the president. >> reporter: so, brian, as you can tell, they're talking about a stalemate here in washington but the very fact that mcconnell is floating new ideas in the "wall street journal" just within the past couple of minutes is an indication that the negotiations are still going on here, although mcconnell in the interview with the journal says that there's nothing going on behind the scenes that's anymore developed than what we've seen publicly. if that's true, that's an indication that the paper is not flying as fast and furious behind the scenes as we maybe thought. >> doe
. >> reporter: now just minutes after that, speaker of the house, john boehner, the republican leader here on the house side of the capitol, took to the podium as sort of a downbeat speaker boehner saying that we are at an impasse here in washington in these negotiations. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. if you've watched me over the last three weeks, i've been very guarded in what i have to say because i don't want to...
266
266
Dec 7, 2012
12/12
by
CNBC
tv
eye 266
favorite 0
quote 0
. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for
. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is just crazy. >> california at 52%, new york and other places -- >> when you add up all the state and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive
. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up....
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the mid point of the negotiations, but it's in longer the mid point i guess. >> he also said -- he is a testimony, but he has separated himself from the administration by saying that they thoo should have taken more of their proposals more seriously. he also said last night that you will see higher marginal tax rates. >> higher marginal or effective? >> higher mar begin ginal rates talking about last night. >> that's part of the 500. >> he thinks as part of the compromise to get there, you'll have to see the democrats get their way in terms of higher marginal tax rates. he also said that the republicans should be able to see higher entitlement cuts, that that should be part of thi
speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the mid point of the negotiations, but it's in longer the mid point i guess....
136
136
Nov 30, 2012
11/12
by
CNBC
tv
eye 136
favorite 0
quote 0
. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican aides who have talked to "the wall street journal," they obtained a copy of the white house prover here in the negotiations. >> do you have faith in any of them to rise above? >> would it be okay to go over? >> we will rise above. >> eamon javers joins us live from washington. they seem farther apart than ever before. the dow is above 13,000 for the first time in several weeks. do you think the markets are reading comments correctly? >> i do think markets have gotten it wrong a lot this week. they have been reacting strongly to things that are boilerplate information and basic statements from congress that we hear all the time and mar
. >> stocks trade on fiscal cliff comments from president obama and john boehner. >> no substantive progress has been made in talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we have said it. we've said it. we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to a congressional republican...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even though the quake shook buildings. workers at the fukushima nuclear plant were ordered to higher ground as a precaution. >>> our guest host is dan gilbert, he's chairman and founder of quicken loans and the owners of the nba's cleveland cavaliers and among the topics we're ready to talk about dan, the risk of the looming fiscal cliff and the broader economy. we'll start with this morning's other top stories. dan, welcome, great to have you here. >> great to be here. >> we want to find out about a lot of things including the housing market, because i know you have a really good feel for it. >> there's a lot to talk about that's for sure. >> the cliff and s
boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even though the quake shook buildings. workers at the fukushima nuclear plant were ordered to higher ground as a precaution....